AIRLINK 74.25 Decreased By ▼ -0.35 (-0.47%)
BOP 5.05 Decreased By ▼ -0.09 (-1.75%)
CNERGY 4.42 Decreased By ▼ -0.08 (-1.78%)
DFML 35.84 Increased By ▲ 2.84 (8.61%)
DGKC 88.00 Decreased By ▼ -0.90 (-1.01%)
FCCL 22.20 Decreased By ▼ -0.35 (-1.55%)
FFBL 32.72 Increased By ▲ 0.02 (0.06%)
FFL 9.79 Decreased By ▼ -0.05 (-0.51%)
GGL 10.80 Decreased By ▼ -0.08 (-0.74%)
HBL 115.90 Increased By ▲ 0.59 (0.51%)
HUBC 135.84 Decreased By ▼ -0.79 (-0.58%)
HUMNL 9.84 Decreased By ▼ -0.13 (-1.3%)
KEL 4.61 Decreased By ▼ -0.02 (-0.43%)
KOSM 4.66 Decreased By ▼ -0.04 (-0.85%)
MLCF 39.88 Increased By ▲ 0.18 (0.45%)
OGDC 137.90 Decreased By ▼ -1.06 (-0.76%)
PAEL 26.43 Decreased By ▼ -0.46 (-1.71%)
PIAA 26.28 Increased By ▲ 1.13 (4.49%)
PIBTL 6.76 Decreased By ▼ -0.08 (-1.17%)
PPL 122.90 Increased By ▲ 0.16 (0.13%)
PRL 26.69 Decreased By ▼ -0.32 (-1.18%)
PTC 14.00 No Change ▼ 0.00 (0%)
SEARL 58.70 Decreased By ▼ -0.77 (-1.29%)
SNGP 70.40 Decreased By ▼ -0.75 (-1.05%)
SSGC 10.36 Decreased By ▼ -0.08 (-0.77%)
TELE 8.56 Decreased By ▼ -0.09 (-1.04%)
TPLP 11.38 Decreased By ▼ -0.13 (-1.13%)
TRG 64.23 Decreased By ▼ -0.90 (-1.38%)
UNITY 26.05 Increased By ▲ 0.25 (0.97%)
WTL 1.38 Decreased By ▼ -0.03 (-2.13%)
BR100 7,838 Increased By 19.2 (0.24%)
BR30 25,460 Decreased By -117.2 (-0.46%)
KSE100 74,931 Increased By 266.7 (0.36%)
KSE30 24,146 Increased By 74.2 (0.31%)

Greek Prime Minister Alexis Tsipras on Sunday said he would call a confidence vote in his government after his coalition ally quit, leaving him bereft of a parliamentary majority and raising the possibility of snap elections. Earlier, Greece's right-wing defence minister resigned in protest at a deal ending a long running dispute with Macedonia over its name, saying he was taking his other six ministers in cabinet with him.
The crisis left the fate of a 2018 deal changing the name of Macedonia to North Macedonia in limbo. Greek parliamentary endorsement of the name is required for the tiny Balkan nation to join the European Union and NATO. Macedonia's parliament has already ratified the accord with a constitutional amendment.
Outgoing Defence Minister Panos Kammenos's Independent Greeks party had seven MPs, enough to get Tsipras's administration past the threshold of 150 deputies in the 300-member parliament. Tsipras's Syriza party has 145 seats and also the support of one independent lawmaker.
"I have taken my decision and have informed the president of parliament that we will immediately move to the process outlined by the constitution for the renewal of the confidence in my government," Tsipras told journalists. The confidence vote is expected to take place later this week and parliamentary speaker Nikos Voutsis proposed Jan. 16. Kammenos said he would not support Tsipras in the vote.
Syriza is trailing between eight and 12 points behind the main conservative New Democracy party, which also opposed the deal with Macedonia, in pre-election polls. A firebrand leftist, Tsipras was elected in 2015 on a platform of anti-austerity but was forced into a third international bailout to bring back Greece from the brink of bankruptcy. The country exited a bailout programme in mid-2018. Kammenos, who forged a coalition pact with Tsipras in 2015, never concealed his hostility to the deal with Skopje.

Copyright Reuters, 2019

Comments

Comments are closed.